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I was trying to build a custom report of all the charges for just one client. Break it down to the level of we have charged a certain amount for each of the services we have invoice them for. It should be easy but they just made it impossible to do what I want, so export to a spreadsheet is the way to do it.
My wife has been working on a spreadsheet for my partner and I to figure our personal taxes that we have to pay estimated quarterly taxes. Congress makes the tax laws so dang stupid it is a real challenge to figure out.
The way a LLC works is the LLC itself pays no income taxes. The two owners each own 1/2 of the company, so the total profit and loss of the company is split 50-50 between the owners. It comes to a stupid high percentage with all the taxes in one lump sum. Every three months. We each have to pay the taxes.
I don't begrudge paying the taxes, I have been paying them since I got my first job. It just makes it more annoying when I see a lump sum to pay. They need to hand every employee a statement each quarter and show them the taxes they have already paid with withholding. And then add the matching taxes the company had to pay. Everyone with an income has the government as a partner. Work harder and more hours, your Uncle Same got a raise!
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
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